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COMMONWEALTH v. MASON (07/13/54)

July 13, 1954

COMMONWEALTH
v.
MASON



COUNSEL

Chas. W. Eaby, Chas. W. Eaby, Jr., Lancaster, for appellant.

William C. Storb, Dist. Atty., Lancaster, Daniel J. McCauley, Jr., Spec. Deputy Atty. Gen., Philadelphia, Frank F. Truscott, Atty. Gen., Harrisburg, for appellee.

Before Rhodes, P. J., and Ross, Gunther, Wright, and Ervin, JJ.

Author: Ross

[ 175 Pa. Super. Page 577]

ROSS, Judge.

This is a prosecution under the Pennsylvania Securities Act, Act of June 24, 1939, P.L. 748, as re-enacted and amended by the Act of July 10, 1941, P.L. 317, 70 P.S. § 31 et seq. The defendant was tried by a judge sitting without a jury pursuant to section 1 of the Act of June 11, 1935, P.L. 319 as amended, 19 P.S. § 786. At the conclusion of the Commonwealth's case counsel for the defendant orally asked the court for a 'directed verdict of not guilty', which was refused. The court found the defendant guilty and after sentence was pronounced, he took this appeal.

The Commonwealth argues with considerable force that this appeal should be quashed for the reason that the defendant's failure to put his request for a directed verdict in writing precludes an appellate review of the question of the sufficiency of the evidence. Cf. Com. v. Nathan, 93 Pa. Super. 193; Com. v. Ott, 154 Pa. Super. 647,

[ 175 Pa. Super. Page 57836]

A.2d 838; Com. v. Deibert, 106 Pa. Super. 497, 163 A. 68. We prefer, however, to dispose of the case on its merits.

The defendant was convicted of a violation of section 22 of the Pennsylvania Securities Act, supra, 70 P.S. § 52, which provides, inter alia: 'Any dealer or salesman who shall in this State, without being registered hereunder * * * (b) engage in the business of inducing holders of securities to effect the sale thereof through a person registered hereunder or otherwise, directly or indirectly, in order to produce funds to pay for other investments sold by such dealer or by such salesman for a dealer * * *' shall be guilty of a misdemeanor.

In January 1952 the defendant made three separate trips to the home of Christian R. Martin in Earl Township, Lancaster County. On each occasion Martin turned over to the defendant certain shares of stock in various corporations and received in return oil and gas leases on a total of 200 acres of land in San Miguel County, New Mexico. These leases apparently were owned by N. S. Bowles and Clyde R. Bowles, as defendant's exhibit No. 5 shows transfer of the leases by the Bowles to Martin.

The defendant was not registered as a dealer or salesman under the Act; he does not contend that he was not a dealer or salesman, nor does he contend that the items for which he received securities from Martin were not investments. He does contend, however, that there is no evidence that he induced Martin to part with the securities.

On cross-examination Martin gave affirmative answers when counsel for the defendant suggested that the defendant employed 'no force or inducement' to get him to make the transfers, that 'there was no force ...


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